Exhibit 12.2
Fifth Third Bancorp
Computations of Consolidated Ratios of Earnings to Combined Fixed Charges and Preferred Stock Dividend Requirements
($ In Millions)
Three Months Ended September 30, 2013 | Nine Months Ended September 30, 2013 | |||||||
Excluding Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense (excluding interest on deposits) | $ | 48 | $ | 156 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 21 | ||||||
Preferred Stock Dividends | — | 18 | ||||||
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Total Fixed Charges | $ | 55 | $ | 195 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 604 | $ | 2,037 | ||||
Fixed Charges—Excluding Preferred Stock Dividends | 55 | 177 | ||||||
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Total Earnings | $ | 659 | $ | 2,214 | ||||
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Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits | 11.98 | x | 11.35 | x | ||||
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Including Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense | $ | 99 | $ | 310 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 21 | ||||||
Preferred Stock Dividends | — | 18 | ||||||
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Total Fixed Charges | $ | 106 | $ | 349 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 604 | $ | 2,037 | ||||
Fixed Charges—Excluding Preferred Stock Dividends | 106 | 331 | ||||||
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Total Earnings | $ | 710 | $ | 2,368 | ||||
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Ratio of Earnings to Fixed Charges, Including Interest On Deposits | 6.70 | x | 6.79 | x | ||||
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